Allspring Global Investments Holdings LLC Lowers Stake in Blackrock Resources & Commodities Strategy Trust $BCX

Allspring Global Investments Holdings LLC lessened its stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 30.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 661,046 shares of the investment management company’s stock after selling 293,065 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $7,966,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. IFP Advisors Inc bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 4th quarter valued at about $30,000. Advocate Investing Services LLC bought a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth approximately $35,000. Harbour Investments Inc. bought a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth approximately $43,000. Geneos Wealth Management Inc. raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 431.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 7,442 shares of the investment management company’s stock worth $69,000 after acquiring an additional 6,041 shares in the last quarter. Finally, Walleye Capital LLC purchased a new stake in Blackrock Resources & Commodities Strategy Trust during the second quarter valued at approximately $96,000.

Blackrock Resources & Commodities Strategy Trust Price Performance

NYSE:BCX opened at $11.81 on Friday. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $9.40 and a 52 week high of $13.86. The firm has a 50 day moving average of $11.64 and a 200 day moving average of $12.09.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.0697 per share. This represents a c) annualized dividend and a dividend yield of 7.1%. The ex-dividend date is Tuesday, September 15th.

Blackrock Resources & Commodities Strategy Trust Company Profile

BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) is a closed-end management investment company focused on achieving total return through exposure to global commodities and natural resource sectors. Listed on the New York Stock Exchange, the trust offers investors a vehicle for diversified access to commodity markets, including energy, agriculture, metals and minerals, as well as related equities. By packaging multiple exposure strategies within a single portfolio, BCX seeks to deliver returns that are uncorrelated with traditional equity and fixed-income benchmarks.

The trust pursues its objectives through a combination of direct and indirect instruments.